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20110701
20110731
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CSPAN2 2
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CSPAN
Jul 23, 2011 6:00am EDT
with the council. the second objective of the reform is the madigan threats to stability imposed by the too big to fail problem. here in the act takes a two- pronged approach. this includes enhanced risk based requirement, credit limits, stress testing, and remediation regime and activities restrictions. the fed and other agencies face the challenge of aligning regulation with international agreements. these efforts are going well. the federal reserve and expects to issue rules over site of cfis this summer and we are on schedule to implement basel 3. and being too big to fail requires allowing a cfi to fail. the second part of the act empowers the fed and the fdic to reduce the affect on the system in the event of a failure to tools such as liquidation of authority and approve a resolution planning. the federal reserve is working with the fdic to thecfis prepare for resolution by adopting living wills. the joint rule is expected this summer. reducing the likelihood of a severe crisis requires strengthening the resilience of markets an infrastructure. toward that end, provisions to improve the
CSPAN
Jul 30, 2011 7:00am EDT
violence, those of us who go to the funerals and listened to the agents' who big to make sure that we help them because they are fighting weapons of war, and that is what we are concerned about. the agent came and said some of them said it today. so i yield backend i want to thank the chair. >> i want to add i think that we both agree on both sides of the aisle that mistakes were made in the handling of the operation fast and furious and we are legitimately trying to get answers and look at this. but the larger issue that i feel is in danger of possibly being overlooked is the flow of illegal weapons. we are not talking about regular guns. in the testimony from the agents, they call them military-style weapons. they were ak-47s, very special devotee rifles. so these are not normal guns, these are military guns, and this is a even larger issue the fast and furious is to stop the flow of illegal guns and i believe on both sides of the ogle we can agree that illegal guns going into america or mexico is something we need to address and stop as quickly as possible. >> we now go to the gentleman
Search Results 0 to 1 of about 2